NSW state-owned insurer icare has appointed Kylie Willment and Virginia Malley as non-executive directors as a board renewal process continues.

Ms Willment is Partner and Chief Investment Officer for Mercer Australia and previously spent 17 years at NSW Treasury Corporation. She has also served as a CIMA Society of Australia Director and has been a member of the Investment and Wealth Institute’s Global Certification Commission.

Ms Malley has 35 years’ experience in financial services, including more than 20 years as a company director, and has expertise in corporate governance, regulatory compliance, risk management and environmental markets.

“Virginia and Kylie will bring strong leadership credentials and a wealth of financial expertise and experience to the icare board,” Chairman John Robertson said.